Hey, check it out, this is the first video of Chapter 1: The Accounting Equation. It's thrilling. You're going to love it!
Hello there, I'm Aaron. I designed and coded this site, recorded all these videos, and wrote all the practice problems. I got my Undergrad and Master's in Accounting and then went on to get my CPA License (exciting, right?). I worked at Ernst and Young for about a year but never really loved it, so I quit and became a programmer. I do love accounting though, and I love teaching it, which is why I made this site. Please feel free to reach out to me if you ever have any questions!
A couple of bits of info about the site:
- I've recorded 84 videos, which means you get 845 minutes of accounting (lucky you)
- There are 70 practice problems right now, and I'm always adding more.
- Those problems & videos cover all 11 chapters of Accy 201.
- You can email me anytime at [email protected].
The Whole Class All of the Videos
-
The Accounting Equation
3:02 -
Assets vs Liabilities
5:32 -
Shareholder's Equity
5:26 -
The Balance Sheet
5:52 -
The Statement of Retained Earnings
5:51 -
The Income Statement
6:19 -
The Statement of Cash Flows
6:02 -
How the Statements Work Together
9:02 -
Current Assets
9:57 -
Non-Current Assets
10:25 -
Current Liabilities
6:24 -
Non-Current Liabilites
2:00 -
Contributed Capital
5:10 -
The Classified Balance Sheet
4:48 -
Retained Earnings vs Shareholder's Equity
6:41 -
T-Accounts
3:15 -
Debits and Credits
6:49 -
Determining Normal Balances For Assets & Liabilities
10:04 -
Determining Normal Balance for Shareholder's Equity
11:53 -
Normal Balance Shortcut: Double Entry
11:51 -
Normal Balance Shortcut: DEAD Mnemonic
2:36 -
The Journal, Ledger, Trial Balance
14:00 -
Cash vs. Accrual Accounting
7:21 -
Expense Recognition
8:07 -
Accruals and Deferrals
15:07 -
What is an Adjusting Entry?
4:11 -
Adjusting Entry: Supplies
1:54 -
Adjusting Entry: Wages
4:52 -
Adjusting Entry: Unearned Revenue
2:11 -
Adjusting Entry: Interest
2:03 -
Contra-accounts
4:40 -
Depreciation
7:10 -
The Closing Process
10:37 -
COGS and Inventory
2:57 -
Net Sales
10:03 -
Perpetual vs Periodic
7:10 -
Drawbacks to Periodic
6:07 -
FOB Shipping?
8:51 -
Transportation In
8:41 -
COGS
6:18 -
The Multistep Income Statement
12:44 -
Gross Profit vs Net Profit
6:15 -
Profit Margin
3:22 -
Specific Identification
2:17 -
Weighted Average
4:21 -
FIFO and LIFO
20:17 -
Estimating with Gross Profit
7:23 -
Cash and Cash Equivalents
7:52 -
Bank Reconciliations: What and Why
9:38 -
Bank Reconciliations: How
20:57 -
Debit and Credit Memos
5:21 -
Fixing Mistakes in Bank Recs
8:32 -
A/R and Bad Debts Introduction
7:09 -
Direct Method
4:15 -
The Allowance Method
8:56 -
Income Statement vs Balance Sheet Methods
13:14 -
Net Credit Sales
5:20 -
Write Offs and Reinstatements
8:26 -
Notes Receivable
11:27 -
Acquisition Cost of Assets
13:23 -
Lump Sum Purchases
6:01 -
What is Depreciation?
11:23 -
Straight Line Depreciation
4:33 -
Double Declining Balance
13:58 -
Units of Production
3:43 -
Partial Year Depreciation
5:50 -
Capital vs. Revenue Expenditures
10:42 -
Intro to Bonds
10:04 -
Discounts and Premiums
7:34 -
Selling at a Discount
7:15 -
Selling for a Premium
8:11 -
Amortization
21:42 -
Borrowing Cost
6:33 -
Interacting with Market Rates
5:30 -
Retiring Bonds
9:54 -
Shareholder's Equity
5:12 -
Stock Classifications
4:19 -
Issuance of Stock
6:37 -
Treasury Stock
11:11 -
Cash Dividends
9:58 -
The Effect of Cash Dividends
6:08 -
Stock Dividends
13:48
Chapter 1
Introduction to Accounting
I stopped going to class when I found out about your website. You offered a clearer way of communicating accounting and I appreciate that.
— Colton, Fall 2018
Chapter 2
Recording Transactions
I could not have finished this course without your help. I really appreciate how concise you are with your words and how you take the time to create clear visuals when explaining concepts.
— Emma, Fall 2016
Chapter 3
Adjusting Accounts
Your website is dope, it helped me a lot honestly and I never actually understood like I did when I used the website.
— Blaze T., Fall 2019
Chapter 4
Merchandising Firms
Your website is so awesome!! Seriously you give a fresh perspective on all the topics talked about in class and the vocabulary you use is very easy to understand. The way you teach almost makes the material feel very easy to comprehend.
— Kyle F., Fall 2019
Chapter 5
Inventories
It definitely helped me make sense of the last couple chapters before the final when things in class started going over my head. I like that you use visuals and diagrams as well as going through examples. The visual for the breakdown of authorized stock is an example of one I found extremely helpful.
— Caitlin, Spring 2016
Chapter 6
Cash and Bank Reconciliations
Got an A in this course thanks to your videos! 10/10 would recommend to next classes to get the membership. Definitely worth it. Thanks Aaron.
— Juan, Fall 2016
Chapter 7
Accounts Receivable and Bad Debts
Just wanted to say thank you for creating this tutoring page. It is extremely useful and it has helped me so much. You are amazing.
— Nicold, Fall 2019
Chapter 8
Long Term Assets
Loved how you explained the lectures, especially things like PV & PVOA.
— Zach M., Fall 2019
Chapter 9
Current Liabilities
This website was amazing. I was SO lost in lecture but these videos really helped me piece everything together. I tried outside tutoring but it didn't work. THIS is what you need to ensure you are understanding ALL material.
— Valeria, Fall 2019
Chapter 10
Long Term Liabilities
I just want to let you know that since I've started your videos (the past two tests) I have gotten two 94s!!! I just wanted to say thank you so much you do a great job!
— Abby, Fall 2017
Chapter 11
Capital Stock
Your site really saved my GPA and increased my understanding of accounting substantially.
— Bailey, Fall 2016